20 Lucrative ATM Business Ideas For 2024

Pat Walls

•

Updated: July 15th, 2024

Looking to start a ATM related business but not quite sure what to start?  

The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.  

If you're looking to start your own ATM related business, there are several low-capital options you can choose from.  

We put a list together below of the most profitable ATM business ideas you can start today!  

Here they are:  

1. Start a mobile ATM machine business

2. Start a cryptocurrency ATM

A cryptocurrency ATM is a stand-alone electronic kiosk that allows users to buy and sell cryptocurrency. Users can buy or sell cryptocurrencies in exchange for cash or other cryptocurrencies.

3. Start an ATM machines designing business

4. Start a forex ATM business

5. Start an independent ATM business operators business

6. Start an ATM printing slip manufacturing business

When was the last time you used an ATM and received a printed slip? That's your potential market.

Starting an ATM printing slip manufacturing business means creating the vital paper receipts that banks and ATM providers use daily. With thousands of ATMs dispersing countless slips each day, the demand for high-quality, reliable printing slips is steady.

To dive into this business, you’ll need to source specialized paper and ink and invest in manufacturing equipment. Building relationships with banks and ATM service companies is key to securing long-term contracts.

If you have a knack for production and logistics, this venture could provide a consistent revenue stream. With low initial competition and an essential product, you’ll find ample opportunity to grow.

How much you can make: $500,000/month

How long does it take to build: 100 days (?)

How I Started A $6M/Year Paper Roll Company [Based in China]

Learn how Frank Ouyang founded Panda Paper Roll Company, a China-based paper roll manufacturing company that exports products worldwide, bringing in an annual sales revenue of $10M.

Read this case study

Read by 3,717 founders

7. Start an ATM machines manufacturing business

8. Start a POS (point of sale) machine operator kiosk business

9. Start an ATM machines supplying business

10. Start a prepaid credit & debit card business

11. Start an ATM machine software developing and programing business

Ever thought about revolutionizing the way people interact with ATMs? Consider starting an ATM machine software development business.

In simple terms, this venture involves creating and maintaining the software that powers ATMs, ensuring seamless transactions for users.

With the increasing need for secure and efficient money handling, the ATM industry offers robust opportunities for tech-savvy entrepreneurs. You'll be responsible for developing software that safeguards financial data, provides user-friendly interfaces, and ensures machines operate without a hitch.

This field demands attention to detail, cybersecurity expertise, and a knack for coding. It's a demanding yet rewarding path with the potential to significantly impact the ATMs we rely on every day.

How much you can make: $150,000/month

How much does it cost to start: $1,000 (?)

How We Started A $150K/Month Website And Mobile Development Outsourcing Company

How we started a 150k/month website and mobile development outsourcing company that has grown to 80+ employees and offers services in graphic design, QA, business analysis, project management, and marketing in addition to web and mobile app development.

Read this case study

Read by 6,721 founders

12. Start an ATM machine franchising business

13. Start an ATM machines installation business

14. Start a credit card (ATM card) processing business

15. Start an ATM machines security providing business

16. Start an ATM machines repair, servicing and maintenance business

An ATM technician's duties are installing, servicing, and repairing ATMs and other electronic money dispensing machines.

Qualifications to become an ATM technician include a high school diploma and an associate degree to become a technician. In addition to the academic training, you need on-job training to hone your skills and gain some experience to secure your own ATM repair contracts.

17. Start an ATM hardware production business

18. Start a talking ATM operator business

19. Start an ATM machine network

20. Start a cash transportation service

A cash-in-transit service provides convenience to customers who wish to transport cash between locations. The service is meant to safely ensure valuables and cash transportation, to save businesses time, and protect their staff if they had to transport money.

Starting a cash-in-transit business requires a van and staff to handle and deliver the cash to the destination. You may need a security service and an insurance cover in case you transport huge amounts over a long distance.

Add Text Section Add Story Add Idea Add Business Add Tool

meet the author

Pat Walls